400 W Main StFairfieldKY40020
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 400 W Main St, Fairfield, KY, 40020 in Fairfield at $549,000 earns $3,344/mo in rent and nets $3/mo after the $2,469/mo payment, a 7.31% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $151,679 over five years. Ziffy Mortgage underwrites this on a 1.35 DSCR without U.S. credit history. With $5,056/yr in principal paydown, total projected return reaches $208,081.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 8.0% |
| Monthly Cash Flow | $3 | $1,200 |
City averages based on Fairfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,344 |
| Total Monthly Debt Service | $3,123 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1869
4.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40020, Fairfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 50 (100%) |
| Owner Occupied HU | 44 (88.0%) |
| Renter Occupied HU | 3 ( 6.0%) |
| Vacant Housing Units | 3 ( 6.0%) |
| Median Home Value | $277,273 |
| Average Home Value | $291,080 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
0
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1869
4.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40020, Fairfield, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 50 (100%) |
| Owner Occupied HU | 44 (88.0%) |
| Renter Occupied HU | 3 ( 6.0%) |
| Vacant Housing Units | 3 ( 6.0%) |
| Median Home Value | $277,273 |
| Average Home Value | $291,080 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
0
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices